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The Crypto Market Overview Over the past week, both bitcoin and ethereum have seen slight declines, ranging from 1.8% to 3.6%, when compared to the U.S. dollar. However, amidst these declines, several crypto assets have showcased impressive double-digit growth. Notably, internet computer (ICP), helium (HNT), bonk (BONK), and woo network (WOO) have emerged as the […]

Bank of China Completes First Cross-Border Precious Gold Transaction With Digital Yuan The Bank of China's Shanghai branch has made history by successfully completing the first settlement of precious metals using the digital yuan. This groundbreaking transaction took place on December 19 and involved the Shanghai Gold Exchange closing a $14 million precious metal trade

Introduction As the halvening approaches, Bitcoin mining operators are faced with a crucial challenge. The outcome of this battle could make or break their bets made during this Bitcoin epoch. The looming question is not only how to weather this event but where to position themselves strategically. While building and operating an efficient fleet of

Introduction Reflecting Singapore's progressive stance on digital assets, the Monetary Authority of Singapore (MAS) has awarded Hashkey Capital Singapore a full Capital Markets Services license, enabling the firm to enhance its fund management services and contribute significantly to the burgeoning blockchain community. Hashkey Capital Singapore's Milestone: Full CMS License from MAS In yet another positive

Financial firms are feeling confident that the Securities and Exchange Commission (SEC) will approve spot Bitcoin Exchange-Traded Funds (ETFs) after January 8, 2024, according to Charles Gasparino of Fox Business. Gasparino's post also highlighted that Bitcoin ETF shares will only be purchasable with cash, as the SEC is concerned about the potential for money laundering

The Crypto Market's Transformation As the crypto market undergoes a transformative era, Coinbase's 2024 Crypto Market Outlook provides valuable insights and predictions. This comprehensive 80-page report, which encompasses data up to November 30, 2023, delves into pivotal shifts and institutional practices within the crypto market. A New Phase: End of the Crypto Winter The report

On Tuesday, the appeals court in Montenegro made a significant decision regarding the extradition request for Do Kwon, the co-founder of Terraform Labs. The court overturned the previous decision to extradite him to the United States, allowing Kwon to remain in Montenegro for the time being. However, the final decision regarding his extradition lies with

Cantor Fitzgerald CEO Howard Lutnick Is a Tether Fan Howard Lutnick, the CEO of Cantor Fitzgerald, a prominent private financial services company on Wall Street, recently confirmed the business relationship between his firm and Tether, the issuer of the largest stablecoin in the cryptocurrency market. During an interview on CNBC's Money Movers, Lutnick expressed his

NFT Trader Compromised: Loss Estimated at $2.85 Million According to reports and confirmation from the peer-to-peer non-fungible token (NFT) market platform, NFT Trader, the platform recently experienced a security breach. The assailant took advantage of an outdated smart contract, leading to the theft of esteemed digital collectibles worth nearly $3 million. The stolen NFTs included

BONK Takes the Lead in the Meme Coin Market In recent weeks, the meme-inspired cryptocurrency bonk (BONK) has seen remarkable growth against the U.S. dollar, surpassing pepe (PEPE) to become the third largest meme coin by market capitalization. Within just a month, BONK, which is built on the Solana blockchain, has surged by an impressive